PARKSON HOLDINGS BERHAD
Observation from Chart:-
Parkson seem like forming ascending triangle.
Most analysts will take a position once the price breaks through the top line of the triangle with increased volume.
If break through the top triangle line: RM5.78 is next resistant.
Other indicator:-
MACD at negative region, downtrend sign.
Stochastic %K still on buy call.
If retrace down, immediate support would be lower triangle line.
Let watch closely.
Disclaimer:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!
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